Stockholders' Equity Paid in Capital: Preferred 2% Stock, $50 Par (100,000 shares authorized and 75,000 shares issued Paid in Capital in Excess of Par Value..Pre ferred Stock 150,000 25,000 Common Stock, $1 Par (1,000,000 shares authorized and $900,000 shares issued Total Paid in Capital 1,000,000 1,175,000 Retained Earnings 2,000,000 Treasury Stock 10,000 Dividends Payable (20,000) Total Stockholder's Equity 3,165,000

Stockholders' Equity Paid in Capital: Preferred 2% Stock, $50 Par (100,000 shares authorized and 75,000 shares issued Paid in Capital in Excess of Par Value..Pre ferred Stock 150,000 25,000 Common Stock, $1 Par (1,000,000 shares authorized and $900,000 shares issued Total Paid in Capital 1,000,000 1,175,000 Retained Earnings 2,000,000 Treasury Stock 10,000 Dividends Payable (20,000) Total Stockholder's Equity 3,165,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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